Blackout Looms as Electricity Workers Join NLC Strike  Electricity workers have shut down the national grid following the declaration of an indefinite strike by organised labour unions. Ndidi Mbah, the spokesperson for Transmission Company of Nigeria, confirmed the development on Tuesday. According to her, electricity workers, the...

ASUU Joins NLC, TUC Nationwide Strike The Academic Staff Union of Universities (ASUU) has asked its members to join the nationwide strike declared by the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC). President of ASUU, Prof Emmanuel Osodeke, gave the directive...

NGX Records N130bn Loss, Days After Trading Positive The six days of positive trading on the Nigerian Exchange Limited halted on Monday, resulting in a N130 billion loss for investors. This marked a negative start to the week and the second day of bearish trading on...

Nigeria’s Entertainment, Media Sector Revenue to Rise $13bn in 2027 - Report Nigeria’s entertainment and media sector is set to undergo remarkable expansion, with a projected revenue surge to $12.9bn by 2027, Pricewaterhouse Coopers said in its latest report. PwC’s African Entertainment and Media Outlook 2023-2027,...

AfDB Pledges $618m to Boost Nigeria’s Creative Industry  The African Development Bank has said that arrangements are in the pipeline to disburse $618m for the implementation of Nigeria’s investment in digital and creative enterprise programme. AfDB’s country Director-General for Nigeria, Lamin Barrow made the disclosure on...

FG Eyes $23bn Investment Opportunities in Energy Transition The Minister of Power, Adebayo Adelabu, says the Federal Government has identified about $23 billion in investment opportunities in Nigeria for projects that are directly related to the country’s Energy Transition Plan. In his remarks at the 2nd...